International Assets Investment Management LLC Has $53.88 Million Holdings in Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

International Assets Investment Management LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) by 860.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 517,271 shares of the investment management company’s stock after buying an additional 463,405 shares during the period. International Assets Investment Management LLC’s holdings in Blackrock Resources & Commodities Strategy Trust were worth $53,882,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BCX. Allspring Global Investments Holdings LLC increased its stake in Blackrock Resources & Commodities Strategy Trust by 19.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,498,989 shares of the investment management company’s stock valued at $22,966,000 after acquiring an additional 409,593 shares during the last quarter. Lazard Asset Management LLC increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 15.2% in the 1st quarter. Lazard Asset Management LLC now owns 2,490,913 shares of the investment management company’s stock valued at $22,617,000 after purchasing an additional 329,511 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 14.4% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 685,525 shares of the investment management company’s stock worth $6,581,000 after buying an additional 86,180 shares in the last quarter. 180 Wealth Advisors LLC raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 13.1% during the 2nd quarter. 180 Wealth Advisors LLC now owns 464,646 shares of the investment management company’s stock worth $4,349,000 after buying an additional 53,881 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of Blackrock Resources & Commodities Strategy Trust by 0.4% during the 3rd quarter. Raymond James & Associates now owns 415,390 shares of the investment management company’s stock worth $3,988,000 after buying an additional 1,633 shares during the last quarter.

Blackrock Resources & Commodities Strategy Trust Stock Up 0.3 %

NYSE:BCX opened at $9.48 on Monday. Blackrock Resources & Commodities Strategy Trust has a twelve month low of $8.25 and a twelve month high of $9.74. The stock’s 50-day simple moving average is $9.33 and its 200 day simple moving average is $9.25.

Blackrock Resources & Commodities Strategy Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $0.0518 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.56%.

About Blackrock Resources & Commodities Strategy Trust

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.